CNBC Economy / Updates

• Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail August 25, 2026
  The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.
• China needs U.S. dollars but is building a hedge against Washington’s sanctions August 25, 2026
  The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.
• 'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war August 24, 2026
  "As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.